Friday, June 2, 2023

Author Name

Ashenafi Endale

Total Articles by the Author


ethio telecom lost 1.9 billion Br in revenue to conflict in first quarter

The state telecom giant, ethio telecom, lost 1.9 billion Birr in revenue due to the conflict in the northern part of the country. As a result, its revenue for the first quarter of 2021/22 Ethiopian fiscal year fell 12 percent short of its planned 15.4 billion Birr.  

CBE’s profit surpasses target set

Commercial Bank of Ethiopia netted 6.8 billion Birr profit, exceeding its own 4.7 billion Birr target for the just ended first quarter by 146 percent.

Coal rush: source of wealth or conflict?

Officials and geologists from Oromia Mineral Development Authority traveled to Derbi Moye, one of the three coal rich woredas in Jima Zone located 70 kilometers from Jima town, three weeks ago.

Uranium radiation harms dozens

Uranium radiation caused severe injuries to dozens of children and youngsters in Madda Walaabu, Bale zone of Oromia regional state, over the past year.

ECX seats fetch 8 mln birr

Kebede Bilbila and Beza Trading both offered the highest price for Ethiopian Commodities Exchange (ECX) membership seats at eight million birr. The Ethiopian Commodities Exchange (ECX) opened the bid it floated to sell 30 membership seats on November 2, 2021.

Inflation: chopping off Ethiopia’s middle class?

Girma Bezabih is a property broker who uncovers and sales mainly houses almost across all sub-cities in the capital. He is familiar with most available patches of land in the capital after working in the business for twelve years now.

The lingering woes of foreign currency

Ethiopia is going through a rough patch of political, economic and social realities. The COVID-19 pandemic, locust invasion and the war in the North are just a few of the natural and manmade challenges the country has had to endure.

Local coal supply drops as conflict disrupts production

Local coal supply sharply dropped since May 2020 following waves of conflict that continue to break out in Kamashi, a major coal mining belt in Benishangul Gumuz regional state.

War leaves two thirds of sesame farm uncultivated

Over 500,000 hectares of sesame farm, which is 70 percent of Ethiopia's annual cultivation for the cash crop, skipped a season without being cultivated due to the ongoing war in northern Ethiopia.

EthSwitch woos tele birr into digital interoperability

Upon launching the newly built platform that interfaces interoperability of wallet, mobile, and internet banking, EthSwitch told The Reporter that negotiation is underway to bring tele birr on board.


Tigray schools in ruins, 3,846 students, teachers killed in conflict

The conflict in Ethiopia's Tigray region claimed the lives...

Ethiopian $50m E-commerce to deliver global goods to African doorsteps

Ethiopian Airlines Group is set to launch a cutting-edge...

Kenya’s GMO plans disrupted, but Ethiopia pushes forward with testing

The Kenyan government's move to import Genetically Modified Organisms...

Underfunded warning system fails to mitigate drought devastation

Ethiopia is being severely impacted by the lack of...